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Friday, July 08, 2011

White House Calls On Federal Agencies To Cut Back 15% Spending By Next Year

The White House thinks federal agencies spend too much on management support contracts. It's calling on agencies to reduce support services spending by 15 percent next year. That move will save $6 billion. The latest rollback is part of the administration's Cut Government Waste program. It's spearheaded by Jeff Zients, deputy director of the Office of Management and Budget. And Dan Gordon, Administrator of the Office of Federal Procurement Policy. They say spending on management support services has grown faster than any other contracting over the last ten years. It reached $40 billion in fiscal 2010. Agencies are already under orders to make inventories of their management support spending, so they'll know where to begin cutting.

2 comments:

Anonymous said...

How about cutting every agency's overall budget by 15%? We'd save hundreds of billions overnight.

Anonymous said...

15% ?
Are you kidding, we need a 50% cut in Federal spending at all levels!